Page 3168 - Finance News
HDFC Bank opens representative office in Abu Dhabi
The representative office will facilitate opening of NRE accounts in India
Indian banks resilient to rising asset quality stress: Fitch
The rating agency, however, cautioned that credit quality of lenders is expected to deteriorate further in coming quarters
Rupee posts biggest single-day fall in 3 months
As custodian banks bought dollars on the back of sharp losses in local shares
Finmin tries to allay RBI fears on new bankc licences
The Reserve Bank of India is not in favour of giving out new licences without amending the law suitably
Economists divided on CRR cut in RBI policy
In the run-up to the Oct 30 review, some feel a repo cut makes sense
Barclays to rejig India top management
Jaideep Khanna tipped to become chief executive officer of corporate, investment bank
Remit money in India without bank account
Muthoot Finance partners PayMate to launch money transfer service
Education loans weakening credit quality of state-run banks
Gross non-performing asset ratio for the education loan segment increased to 6% in 2011-2012 from 2% in 2007-08
Moody's assigns Baa2 rating to Syndicate Bank's MTN issue
The rating outlook is negative
Rupee up 21 paise at 52.43/dollar
Persistent foreign capital inflows into equity mkt coupled with weakness of dollar overseas boosted rupee value
Central bank independence and inflation
Ben Bernanke and Subbarao to meet on Oct 10 to discuss the state of the world economy
Deutsche Bank India cuts deposit rates by 10-125 bps
The steep cut of 125 basis points is in the maturity bucket of more than 2-3 years
Use of debit cards gains momentum
According to industry analysts, there were an estimated 28.3 billion electronic and mobile payment transactions globally in 2011
SBI sees early signs of credit pick-up
Credit growth has been flat in the second quarter at 0.1% to 16.4%, according to RBI data